Other storiesUS companies clueless on global standards
Union officials in the US are reported to be expecting American Airlines to file anytime as a result of the estimated $5m (£3.1m) a day losses.
The Times reports this morning that American has begun negotiating a refinancing package on Wall Street should it go into chapter 11.
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens
Team Rock the publication of classic rock is in administration with FRP Advisory